November 2009 Accounting as a Major I decided to be an accountant because math comes easy to me. Since I was a little girl‚ I always got good grades and in math and not good grades in English. When I researched about accounting‚ I appreciated the salaries that I found. My grandfather has a friend who is a CPA and he told me that he can control how many hours he works a week. He helped make my decision easier because that was a question that I didn’t know the answer to. Accounting has a lot of history
Premium Accountant Accountancy Certified Public Accountant
BOOKKEEPING Bookkeeping in the context of a business is simply the recording of financial transactions. Transactions include purchases‚ sales‚ receipts and payments by an individual or organization. Many individuals mistakenly consider bookkeeping and accounting to be the same thing. This confusion is understandable because the accounting process includes the bookkeeping function‚ but is just one part of the accounting process. The accountant creates reports from the recorded financial transactions
Premium Bookkeeping Double-entry bookkeeping system Expense
Accounting and Bookkeeping Services Marketing Plan Sorcerer ’s Accountant Marketing Vision Sorcerer ’s Accountant will fit the needs of transitional small businesses‚ dealing with the growing pains of leaving an owner-operator model to hiring employees and expanding. These clients will see that Sorcerer ’s Accountant is competitively priced‚ both compared with the market and with the substitute option of hiring their own bookkeepers. Clients will see that Sorcerer ’s Accountant is extremely
Premium Marketing Business Accountancy
2004-2009 Secondary: Saint Teresita’s Academy Poblacion‚ Aritao‚ Nueva Vizcaya 2009-2013 Tertiary: Bachelor of Science in Accounting Technology Saint Mary’s University Bayombong‚ Nueva Vizcaya (Present) Personal Skills: Creative and Resourceful Singing Sense of Responsibility Seminars and Workshops Attended: Seminar on How to Study Accounting Effectively July 16‚ 2013 Sacred Heart Center‚ Saint Mary’s University Bayombong‚ Nueva Vizcaya Seminar on How to Grow Mental and Academic
Premium Provinces of the Philippines Metro Manila Luzon
Chapter One The Accounting Equation and Double-entry Bookkeeping I. Learning objectives After completing this session‚ students should be able to (1) Define assets‚ liabilities‚ owner’s equity‚ revenue and expenses; (2) Understand the functions of the fundamental accounting equation; (3) Record business transactions and illustrate their effects on the fundamental accounting equation; (4) Understand the accounts payable‚ accounts receivable‚ prepaid insurance‚ and drawing accounts;
Premium Balance sheet Double-entry bookkeeping system Generally Accepted Accounting Principles
records that you could have to maintain? Update your accounts receivable and accounts payable daily on your accounting computer using the software provided or modifies to suit the organisational particular needs. 2. What are the requirements regarding identifying and rectifying errors in documentation? - Using the right accounting method: cash and accrual - Using professional bookkeeping method: hiring specialist‚ qualified accountant or bookkeeper. - Separate personal and business finances
Premium Generally Accepted Accounting Principles Balance sheet Accounts receivable
Bookkeeping Essay Sarah Kloft Kaplan University Professor Yancy July 17‚ 2012 Bookkeeping Essay Bookkeeping is an important aspect of any business. Bookkeeping can be defined as the practice of keeping the company’s books or records in an up-to-date and accurate manner (WiseGEEK‚ 2012). This allows the company to track in income and expenses of every day operations. Although bookkeeping is time consuming‚ it is the most important part of the business (WiseGEEK‚ 2012). One type of
Premium Double-entry bookkeeping system Balance sheet Bookkeeping
1. WHAT IS BOOKKEEPING? * Bookkeeping is the recording‚ on a day-today basis of the financial transactions and information pertaining to a business. It is concerned with ensuring that records of those individual financial transactions are accurate‚ up-to-date and comprehensive. Accuracy is therefore vital to the process. * Bookkeeping provides the information from which accounts are prepared but is a distinct process‚ preliminary to accounting. 2. WHY IS BOOKKEEPING IMPORTANT?
Premium Balance sheet Income statement Accounts receivable
Bookkeeping Career Linda Schneider Baker College Introduction Bookkeepers keep a record of the transactions of the company like accounts receivable‚ accounts payable‚ calculation of profit and loss‚ etc. Bookkeepers maintain a record in the books of accounts by posting detailed entries in the journal and general ledger regularly. They maintain complete sets of financial records‚ keep track of accounts‚ and verify the accuracy of procedures used for recording financial data either manually or
Premium Accountancy Bookkeeping Business
Bookkeeping Guidelines A. General Guidelines 1. The statement of cash receipts and disbursement is to be prepared monthly 2. Receipts should be issued or all cash received. These receipts are to be recorded in the cash receipts journal. 3. Vouchers should be prepared for every disbursement. All vouchers should be numbered consecutively and used chronologically. Vouchers should be recorded in the cash disbursements journal and supported by official receipts. 4. The basis of the statement of cash
Premium Generally Accepted Accounting Principles Cash Money